success factor
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success factor
A circumstance, quality, or condition that contributes significantly or decisively to the success of an undertaking, a project, or a company.
Eine gute Kommunikation im Team ist ein entscheidender Erfolgsfaktor für den Projektabschluss.
Good communication within the team is a decisive success factor for completing the project.
'Erfolgsfaktor' (success factor) is a compound noun. It consists of 'der Erfolg' (success), the linking sound '-s-', and 'der Faktor' (factor). The meaning can be derived directly from its parts: a factor that leads to success.
Pünktlichkeit ist ein wichtiger Erfolgsfaktor im Berufsleben.
Punctuality is an important success factor in professional life.
This word is used very frequently in contexts such as business, project management, marketing, and corporate strategy. It is a key term when talking about planning and analysis.
In der Besprechung analysierten wir die kritischen Erfolgsfaktoren für das neue Produkt.
In the meeting, we analyzed the critical success factors for the new product.
'Erfolgsfaktor' (success factor) is often combined with certain adjectives and verbs. Typical phrases are 'ein entscheidender/wichtiger/kritischer Erfolgsfaktor' (a decisive/important/critical success factor) and verbs like 'identifizieren' (to identify), 'analysieren' (to analyze), or 'definieren' (to define).
Das Team muss die wichtigsten Erfolgsfaktoren für das Projekt identifizieren.
The team must identify the most important success factors for the project.
condition / requirement
'die Bedingung' and 'der Erfolgsfaktor' can both be something important for a plan or undertaking. 'Bedingung' means that something must be fulfilled so that something is possible or valid. 'Erfolgsfaktor', on the other hand, means something that strongly contributes to something succeeding. So it is not just about permission or possibility, but about success. The words can be confusing because a success factor can sometimes also be a requirement. If something is necessary, you say 'Bedingung'. If something contributes especially to success, you say 'Erfolgsfaktor'.
Eine klare Planung ist bei diesem Projekt ein wichtiger Erfolgsfaktor.
Clear planning is an important success factor in this project.
Für den Vertrag gibt es die Bedingung, dass die Zahlung bis Freitag eingeht.
For the contract, there is a requirement that the payment be received by Friday.